The Expert Podcast

• Electric vehicles (EVs) are becoming a more prominent part of the used car market.
• New EV sales have crossed 10% of total new car sales, fueling the demand for used EVs.

• The price point for used EVs is starting to drop due to more availability and higher volume in the market.
• Many people looking to purchase an EV now have more affordable options compared to new EVs, which often cost $50,000–$60,000 or more.

• Previously, there were fewer used EVs available, and the ones that were on the market were priced high.
• As more used EVs enter the market, it’s becoming easier to find a more reasonably priced option.

• The percentage of used EV sales is expected to grow faster than new car sales as gas-powered cars become less desirable.
• The expansion of charging networks will further drive the adoption of used EVs.

• If you’ve been eyeing a new electric vehicle but find the prices out of reach, consider checking with your local dealer for used EV inventory.
• You may find a great deal on a used EV without the hefty price tag of a new car.